CryptoJan 3, 2018
IntelMaxZzz

What’s the fastest way to convert USD to XRP/XMR

Kinda new to crypto stuff. I’ve Coinbase account but it takes too long to buy there. Is there any alternative option which is fast to convert USD to crypto coins?

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Cisco thor84 Jan 3, 2018

I use Binance and it's super easy to convert between cryptos

Intel MaxZzz OP Jan 3, 2018

We can convert USD to crypto in binance?

HPE KEERTI Jan 3, 2018

Nope, have to get it converted first

LinkedIn CryptoS Jan 3, 2018

Localbitcoins.com

Cisco thor84 Jan 3, 2018

All the portals/brokers out there are currently take a long time given the number of folks trying to get into crypto now. Only once you setup your account in Coinbase, bitfinex, kraken etc., it becomes easier from that point.

Cisco thor84 Jan 3, 2018

You have to go through the pain once atleast from my experience so far. I have setup my account in coinbase first and then moved ETH from It to Binance and have been buying other cryptos easily there

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jerseyboy Jan 3, 2018

+5 RE the pain ... so use Coinbase as your USD gateway - and note there are delays - it took over 5 hours to move $1k of ETH to Binance last night. I use Kraken too, but Binance has a better selection of alt coins

Tesla Cobalt Jan 3, 2018

Use GDAX - coinbase's underlying exchange. Sign up and send your USD via same-day wire transfer which should cost $30. You can then quickly convert into ETH (faster transact times than BTC). The $30 is worth it if you're trying to make it into the market quickly! Best of luck trading!

Microsoft uqCe06 Jan 3, 2018

Yeah that’s also risky. If anyone on here wants to wire transfer google it first. I did that and gdax ate my money. Never showed up in my usd wallet. Lots of people have had this experience.. eventually most they get their money returned

Tesla Cobalt Jan 3, 2018

Are you sure you put the wire message GDAX tells you to use when you look at their wiring instructions?

Apple Apl2Ggl Jan 3, 2018

If you’re that desperate buy with credit card on coinbase, send it to your binance address and go from there.

Expedia hcOp78 Jan 3, 2018

That's the best way to go if you want to get funds quickly. Also,at least on chase, the deposits are counted as purchases so you'll at least get some points back. Just remember to do coinbase then transfer to gdax then transfer to your other exchange. GDAX will cover the BTC/ETH/LTC transfer fee

Apple Apl2Ggl Jan 3, 2018

Oh really. Didn’t know that. Thanks!

Square 2spooki5me Jan 3, 2018

Pro tip don’t buy fomo and keep a cash balance in your account for opportunistic buys.